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Updated over 10 years ago on . Most recent reply

User Stats

833
Posts
499
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Andrew Davis
  • Investor
  • Asheville, NC
499
Votes |
833
Posts

My first flip!

Andrew Davis
  • Investor
  • Asheville, NC
Posted

Hey BP Community,

Firstly, you all are amazing!  I have learned so much here in such a short period of time.  @Joshua Dorkin @Brandon Turner , you both have created something really phenomenal here, thank you!

My wife and I are under contract on our first flip. We're looking at an ARV of 500k, and a purchase price of 190k. It needs about 120k worth of work. We're adding a master bedroom, enclosing a patio and adding a mother in law suite.

We obviously want to keep costs low and I feel a bit ignorant about the process.  What resources/books/blogs/podcasts do you all recommend that really walk through the stages of an extensive rehab.  Prepping, pouring foundation, framing, permits, all that good stuff...

Thanks in advance!

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